Frequently Asked Questions

The Ohio Department of Taxation has compiled a list of frequently asked questions covering many different categories.

To view the questions, click on the "Select Category" bar and then click on the category you are interested in. A list of questions will appear pertaining to that category. Then click on the question you are inquiring about and the answer will appear.

For estate planning purposes, I placed the title to my property in a trust. Can I still receive the homestead exemption?

You are eligible for the homestead exemption if all of the
following are true:

You created the trust
to be effective during your lifetime (an inter vivos trust)

You provided the
assets for the trust (you are the settlor).

The trust agreement contains a provision that says you have
complete possession of the property. Revocable and irrevocable trusts may
qualify. Most of the other common forms of property ownership (such as
survivorship deeds) also qualify for the exemption. Properties owned by
corporations, partnerships, limited liability companies and trusts, other than
the trust described above, are not eligible for the homestead exemption because
such properties are not owned by an individual. If you have questions about
what constitutes eligible home ownership for the homestead exemption, consult
your county auditor.